AI in Supercomputer Market Share, Size, Trends, Industry Analysis Report, By Component (Processors/Computers, Storage, Memory, Interconnects); By Application; By Region; Segment Forecast, 2024 - 2032

AI in Supercomputer Market Share, Size, Trends, Industry Analysis Report, By Component (Processors/Computers, Storage, Memory, Interconnects); By Application; By Region; Segment Forecast, 2024 - 2032

The global AI in supercomputer market size is expected to reach USD 8,511.10 million by 2032, according to a new study by Polaris Market Research. The report “AI in Supercomputer Market Share, Size, Trends, Industry Analysis Report, By Component (Processors/Computers, Storage, Memory, Interconnects); By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Supercomputers have transformed science and technology, including weather prediction. Its ability to provide accurate data points on climate change is further boosting its adoption in the global space. Countries are adopting supercomputers to predict cyclones with precision, as they can assist in saving human lives. For instance, in May 2023, the Indian government unveiled its plan to launch a new 18 petaFLOP supercomputer for weather forecasting.

In addition, the rising collaborative initiatives to develop sophisticated solutions for artificial intelligence among companies are boosting the development of effective supercomputers. For instance, in November 2023, Hewlett-Packard Enterprises entered a partnership with NVIDIA to introduce a supercomputing solution for artificial intelligence.

The growing investments to promote digital services among the population countries are showing a positive impact on the adoption of supercomputers. The government of India approved $2 billion for the Digital India scheme in August 2023. As a part of this initiative, nine more supercomputers will be added to the existing 18 supercomputers under the National Super Computer Mission.

Worldwide, nations are working on introducing supercomputers to solve existing unresolved questions related to astronomy, planet evolution, and more. Europe announced its plan to develop the world's fastest supercomputer in 2024. The first exascale computer, JUPITER, is expected to be completed in 2024 in Europe. Exascale machines are capable of handling billions of operations per second.

The scientists at MIT are emphasizing studying the nature of dark matter through the Aurora Early Science Project (ESP), which is developed by the U.S. Department of Energy’s (DOE) Argonne National Laboratory, along with the use of artificial intelligence to perform a massive simulation that gives accurate forecasts and behavior of particles involved in the study.

Moreover, the growing advancements in supercomputers and artificial intelligence are unraveling new potential applications on the market. Australian scientists are developing supercomputers with the capability to function as human brains. This is expected to perform around 228 trillion synaptic operations per second, which is likely to start operations in 2024.

AI in Supercomputer Market Report Highlights

Processors/Computers segment is anticipated to witness the highest growth in the coming years due to its ability to enhance the performance of supercomputers.

Government segment accounted for the largest market share owing to the rising focus on climate change.

Asia Pacific is expected to have the fastest growth owing to the growing interest in deploying supercomputers.

The global players include Advanced Micro Devices, Inc., Amazon Web Services, Inc., Arm Ltd., Atos SE, Cerebras, Dell Inc., Fujitsu, Google, & Graphcore.

Polaris Market Research has segmented the AI in supercomputer market report based on component, application, and region:

AI in Supercomputer, Component Outlook (Revenue - USD Million, 2019 - 2032)

Processors/Computers

Storage

Memory

Interconnects

AI in Supercomputer, Application Outlook (Revenue - USD Million, 2019 - 2032)

Government

Academia and Research

Commercial

AI in Supercomputer, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa